Posted by Michelle J. on 7/24/2017
Employee turnover isn't limited to any one industry. It affects almost every industry and is a considerable issue among most businesses, including private security companies. And it's understandable - the national annual turnover rate of an average private security firm exceeds 100% and can even trend as high as 400% for smaller startup firms. This beats typical employee turnover rates of 15 percent. That's why it's important to understand the causes of employee turnover when it comes to your security guards, and the steps you can take to prevent it.